IPO Issue Details
Issue Price / Price Band₹35 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size45,60,000 shares (aggregating up to ₹15.96 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 01 Mar 2013
Subscription CloseTue, 05 Mar 2013
Anchor AllotmentThu, 28 Feb 2013
Basis of AllotmentMon, 11 Mar 2013
Initiation of RefundsTue, 12 Mar 2013
Credit of Shares to DematTue, 12 Mar 2013
Listing DateTue, 19 Mar 2013
UPI Mandate Deadline2013-03-05
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 4,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 8,000 shares
Net Offer to Public43,28,000 shares (aggregating up to ₹15.15 Cr)
Reserved for Market Maker2,32,000 shares (aggregating up to ₹0.8120 Cr)
Pre-IPO Promoter Holding1,14,00,000 shares
Post-IPO Promoter Holding1,59,00,000 shares
About HPC Biosciences Ltd.
Incorporated in 2002, HPC Biosciences Ltd is engaged in the business of agriculture industry which includes cultivation, processing and distribution of agriculture commodities like wheat, paddy, sugar cane, fruits, vegetables and flowers. Also they are planting Bamboos, Kadam, Poplar, Eucalyptus and Kadam.HPC Biosciences Ltd is India's leading manufacturing of wheat, rice, pulses and vegetables. Company's agriculture unit which is one of the largest agriculture unit in India is located in Pantnagar(Kichha), District Udham Singh Nagar in Uttarakhand.Company's agricultural produce is sold in the open markets and some of our major customers are:1. Saral Trading Company2. Kartikey Enterprises3. Shiv Traders4. Inntal Trading5. K S Enterprises
Objects of the Issue
HPC Biosciences Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Development of Green House cultivation
3.27
2
2 Development of Farm land for transition to Organic Farming
7.90
3
3 Strengthen Supply Chain Management
2.50
4
4 Procurement of farm tools and equipments
0.38
5
5 General Corporate purposes
1.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,14,00,000 shares
Post-IPO Promoter Holding
1,59,00,000 shares